CPI Data on Friday Unlikely to Change the Fed’s Rate Cut Plans

TLDR September CPI inflation expected to reach 3.1% year-over-year, up from 2.9% in August, marking the first time above 3% in 2025 The report was delayed by the ongoing government shutdown, now the second-longest in US history Core CPI inflation projected at 3.1% annually with a 0.3% monthly increase Federal Reserve still expected to cut [...]

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